Mortgage Advice Bureau (Holdings) (LSE:MAB1) Cash-to-Debt : 0.14 (As of Dec. 2023)

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What is Mortgage Advice Bureau (Holdings) Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Mortgage Advice Bureau (Holdings)'s cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Mortgage Advice Bureau (Holdings) couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Mortgage Advice Bureau (Holdings)'s Cash-to-Debt or its related term are showing as below:

LSE:MAB1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 5006.63 Max: No Debt
Current: 0.14

During the past 13 years, Mortgage Advice Bureau (Holdings)'s highest Cash to Debt Ratio was No Debt. The lowest was 0.14. And the median was 5006.63.

LSE:MAB1's Cash-to-Debt is ranked worse than
91.44% of 1425 companies
in the Banks industry
Industry Median: 1.29 vs LSE:MAB1: 0.14

Mortgage Advice Bureau (Holdings) Cash-to-Debt Historical Data

The historical data trend for Mortgage Advice Bureau (Holdings)'s Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Mortgage Advice Bureau (Holdings) Cash-to-Debt Chart

Mortgage Advice Bureau (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.35

6.88

13.26

0.26

0.14

Mortgage Advice Bureau (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															13.26	23.92	0.26	0.18	0.14

Competitive Comparison of Mortgage Advice Bureau (Holdings)'s Cash-to-Debt

For the Mortgage Finance subindustry, Mortgage Advice Bureau (Holdings)'s Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mortgage Advice Bureau (Holdings)'s Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mortgage Advice Bureau (Holdings)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Mortgage Advice Bureau (Holdings)'s Cash-to-Debt falls into.

Mortgage Advice Bureau (Holdings) Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Mortgage Advice Bureau (Holdings)'s Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3.022	/	(6.755	+	14.231)
	=	0.14

Mortgage Advice Bureau (Holdings)'s Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3.022	/	(6.755	+	14.231)
	=	0.14

Mortgage Advice Bureau (Holdings) (LSE:MAB1) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Mortgage Advice Bureau (Holdings) Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Mortgage Advice Bureau (Holdings)'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Mortgage Advice Bureau (Holdings) (LSE:MAB1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mortgage Advice Bureau (Holdings) PLC (LSE:MAB1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MABHF:USA

Address

Capital House, Pride Place, Pride Park, Derby, GBR, DE24 8QR

Website

https://www.mortgageadvicebureau.com

Mortgage Advice Bureau (Holdings) PLC provides mortgage advice and also advice on protection and general insurance products. The group offers advice on residential and buy to let mortgage products. The company has developed customized support services for intermediary firms that operate in estate agency, new build, buy to let, mortgage shops and telephone based mortgage services. The company derives its revenues from mortgage procuration fees, insurance commission, and client fees. Mortgage procuration fees generate the majority of the revenues.

Mortgage Advice Bureau (Holdings) (LSE:MAB1) Headlines

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